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20130113
20130121
Search Results 0 to 8 of about 9 (some duplicates have been removed)
term time frame building some defense into your portfolio makes sense displom you're doing that by going with phillip morris international. a nice yield of 4%. that's a bit protective. and a stock price at close to $90 a share. what do you expect over the next 12 months? >> this is our broad theme of moving into the middle, taking away from the most risky equityes, taking away from the most defensive cash and treasury investments. that means being more defensive in equity. it's a quality growth dividend growth, stable business where the revenues will not move around a lot in different economic environments but because of their high profit margins, they're able to generate a good amount of investment returns for us through the period. we think that's an ideal investment, preferg to be in the middle of the risk spectrum not on the two extremes. >> tom: are you willing to give up a littlibility of the volatility. in other words, do you expect phillip morris to keep pace with the overall market this year or do better or worse? >> it's not our intention to have phillip morris by
defensive in the markets's natural for people to think about two sectors, health care and staples. we really like health care more than staples right now. we see that pretty clearly. health-care companies are beating estimates more, they have higher cash balances and you know they are much cheaper. they really never have been cheaper on forward earnings relative to staples so we really like that overweight health quarter underweight staples call. as for industrials you have a lot of high quality u.s. companies. some have the china exposure. others benefit from energy and infrastructure or improvement in housing so it seemed like there were fundamental reasons to be more optimistic on that group of stocks. >> susie: okay. well, we'll see how it goes this year. thanks for coming on the program. we've been speaking with adam pozen. >> susie: it's not easy being a retailer these days, especially if you rely on customers buying at your store. many consumers come in and browse, but make their purchases online. but tech innovations are helping to change that. erika miller got a sneak peek at the in
Search Results 0 to 8 of about 9 (some duplicates have been removed)

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